TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK


TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Daily Business News Flash September 11, 2022

BGMEA targets 10pc global market share by 2025

Local garment manufacturers have set a target to raise Bangladesh’s share in the global apparel market to 10 per cent by 2025 from below 7 per cent now by adding new products and entering new markets. By 2022, they want to lift the market share to 8 per cent from 6.8 per cent presently.The global apparel market is expected to reach $842 billion in 2025 and $1,138 billion in 2030.The Asian markets such as India and Japan will be major focus for the BGMEA as it looks to capture the 10 per cent stake and earn $100 billion through apparel exports by 2030.Shipment to Japan has already surpassed the $1-billion mark. It rose 16.27 per cent to $1.09 billion in the fiscal year that ended in June. The export to India surged 69.58 per cent to $715.41 million and to South Korea by 36.43 per cent to $439.75 million

Source: https://www.thedailystar.net/business/economy/news/bgmea-targets-10pc-global-market-share-2025-3116246

Internet users rise in July

The number of internet users in Bangladesh rose in July on the back of a spike in mobile data consumption as operators try to expand their network and improve the quality of 4G service. There were about 14 lakh new data subscribers in the month compared to June, taking the total number of internet users to 12.76 crore, data from the Bangladesh Telecommunication Regulatory Commission (BTRC) showed. The gain in July stood at 3.8 per cent year-on-year.In March, the country’s four mobile phone operators bought 190 megahertz of spectrum for $1.23 billion, or Tk 10,645 crore. Once the operators add the additional spectrum to their network, the suffering for the customers in the form of slower internet speed and subpar voice services would lessen to a large extent.All of the new 14 lakh subscribers came in the mobile internet segment, raising the number of people who access internet on their handheld devices to 11.64 crore in July from 11.50 crore a month earlier. Mobile data users were up by about 2.5 per cent in July compared to the same month a year earlier.

Source: https://www.thedailystar.net/business/telecom/news/internet-users-rise-july-3116231

Food and Chemical Lab Expo in city today

The country’s first ‘Food and Chemical Lab Expo 2022’ is going to kick off today (Sunday) in the city aiming to evaluate the testing and accreditation capacity of the country’s labs, organisers said at a press meet on Saturday. A total of 44 government and private testing labs and machinery suppliers are set to showcase their technology and capacity in the day-long event, said the officials at the press briefing, organised jointly by the Bangladesh Food Safety Authority and USDA’s Bangladesh Trade Facilitation Project in the city.

Source: https://today.thefinancialexpress.com.bd/trade-market/food-and-chemical-lab-expo-in-city-today-1662825112

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,151.71
FTSE100$ 7,351.07↑89.01↑1.23 %
Nikkei 225$ 28,214.75 ↑149.47 ↑0.53%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 86.79 ↑3.25↑3.89%
Crude Oil (Brent)$ 92.84↑3.69↑4.14%
Gold Spot$ 1,716.83↑8.37↑0.49 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 95.0000
GBP 1BDT 109.5255
EUR 1BDT 95.0285

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<




Dear Valued Patrons,

At the very onset, let me express my heartiest gratitude for allowing us to serve you and I also wanted to reach out to you directly with an assurance that Dhaka Bank is fully equipped to support you during this difficult time.

Last couple of weeks ago we all were living in a peaceful condition, performing our daily tasks freely and perfectly. Entire economy and business environment was also in a good shape, until COVID-19 put a forceful stoppage to the overall life style and economy of the world. We all know that social distancing and cleanliness are the keys to prevent this pandemic. Hence, we urge your conscious effort to limiting public interaction and suspending wherever possible.

In this current situation, Dhaka Bank and its employees are beside you where we are fully online, either working from home or at our offices under a robust Business Continuity Plan (BCP) to serve you with limited branch banking and a full-fledged alternate delivery channel services.

Our state of the art Mobile App, Dhaka Bank GO (Click https://bit.ly/2WVfieu) and Internet Banking - Dhaka Bank Direct gives you the freedom of banking online anytime from anywhere. You can check the balance and transfer money to any designated Banks including any Dhaka Bank or bKash Account, make utility bill payments and mobile top-up through our Mobile App and Internet Banking Services. Our ATMs are also running efficiently with availability of sufficient cash for your convenience where you can make cash withdrawals whenever the need arises. Mentionable, the withdrawal of cash from any ATMs within Bangladesh with Dhaka Bank Debit Cards are absolutely free of charges up till April 30, 2020 (Dhaka Bank will bear the cost). Our corporate customers can also use our completely safe and secured online platform Dhaka Bank C-Solution for Payments, Inter Bank Fund Transfers, etc.

Moreover, to fulfill your urgent requirement, we have a limited no. of branches up and running by ensuring all kinds of precautionary and safety measures for you.

In case of extreme emergency and facing difficulties in conducting banking transactions, please let us know through our 24/7 Contact Center number 16474 (or, dial +8809678016474 for ISD/Overseas Calls). We are always with you to combat your difficulties.

As you know we are going through a critical phase and the situation is novel to all of us. We are getting lot of new information from various sources everyday about COVID-19 which will be shared at www.dhakabankltd.com.

Thank you for your trust and continued support to us. I firmly believe that jointly we will be able to combat this situation and win against all the odds.

Please stay home, stay safe and take care of yourself and family.

Best regards,

Emranul Huq
Managing Director & CEO
Dhaka Bank Limited